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The price of petroleum is expected to go down from 1st October 2023, which will be good news for consumers, as our local money is getting stronger against the US dollar. The caretaker Information Minister, Murtaza Solangi, shared this news during a press conference at the Karachi Press conference. He said this positive change in […]
The government of Pakistan wants to use digital currency in Pakistan instead of paper money to save money because of the rising prices and economic problems.This new virtual cash will make the Pakistani rupee stronger and make financial transactions smooth. This programme is a part of the government efforts to make the economic system of […]
Finance Minister Dr. Shamshad Akhtar has introduced a plan called the Home Remittance Incentives Scheme, valued at 80 billion rupees, to encourage overseas Pakistanis to send money back home. During a press conference in Islamabad, she stated that 20 billion rupees have already been allocated for this initiative. Explaining the program, the Minister mentioned that […]
The US dollar (USD) lost more value against the Pakistani rupee (PKR) news today and ended at Rs296.85 in the official trading. In the official market, the Pakistani rupee (PKR) gained Rs1.11 against the US dollar (USD) and closed at Rs296.85, compared to Rs297.97 from the previous day. Currency dealers say that in the open […]
US stock market went decline down on Friday. The big stock market numbers didn’t do so well: the S&P 500 dropped 0.9%, the Dow Jones Industrial Average went down 0.5%, and the Nasdaq Composite, which mainly has tech companies, fell by 1.4%. This happened because China said its economy got stronger last month, which made […]